Follow the money and IoT very active this year for investors together with the technologies to manage and analyse the IoT data- Big Data & Analytics
Cisco adding half a dozen big data, analytics and IoT companies to its Entrepreneurs in Residence program at the beginning of the year – and by October, buying one of them, privately held ParStream. ParStream specializes in edge-computing and analytics for IoT applications. In the industrial IoT world, manufacturing software company PTC spent $105 million to acquire ColdLight, which focuses on machine learning and predictive analysis based on embedded sensors in medical, industrial and consumer products. Fortune reported this was PTC’s third major acquisition of the year. Honeywell’s $5.1 billion acquisition of Elster, which is expected to close this week. Elster provides thermal gas and residential heating solutions as well as gas, water and electricity meters, smart meters, software and data analytics to support those systems
